Switzerland: Market for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs 2024

Market Size for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Switzerland

In 2021, after five years of growth, there was decline in the Swiss seafood meals and pellets market, when its value decreased by -1.7% to $X. Overall, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the market value increased by 5.7% against the previous year. Seafood meals and pellets consumption peaked at $X in 2020, and then fell slightly in the following year.

Production of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Switzerland

In value terms, seafood meals and pellets production contracted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +45.4% against 2014 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 14%. Over the period under review, production attained the maximum level at $X in 2020, and then dropped modestly in the following year.

Exports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs

Exports from Switzerland

In 2021, overseas shipments of flours, meals and pellets of fish or of crustaceans and molluscs decreased by -19.9% to X tons, falling for the eighth year in a row after two years of growth. In general, exports showed a deep setback. The pace of growth appeared the most rapid in 2013 with an increase of 27% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, seafood meals and pellets exports dropped rapidly to $X in 2021. Over the period under review, exports showed a significant decline. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Denmark (X kg) was the main destination for seafood meals and pellets exports from Switzerland, with a 50% share of total exports. It was followed by Germany (X kg), with a 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Denmark was relatively modest.

In value terms, Denmark ($X) emerged as the key foreign market for flours, meals and pellets of fish or of crustaceans and molluscs exports from Switzerland, comprising 50% of total exports. The second position in the ranking was held by France ($X), with a 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Denmark was relatively modest.

Export Prices by Country

In 2021, the average seafood meals and pellets export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a abrupt descent. The growth pace was the most rapid in 2016 an increase of 12%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.7%).

Imports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs

Imports into Switzerland

In 2021, approx. X tons of flours, meals and pellets of fish or of crustaceans and molluscs were imported into Switzerland; waning by -9.2% against the year before. Overall, imports faced a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 31%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, seafood meals and pellets imports declined to $X in 2021. In general, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 35% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Denmark (X tons), Germany (X tons) and Brazil (X tons) were the main suppliers of seafood meals and pellets imports to Switzerland, together comprising 50% of total imports. The United States and Peru lagged somewhat behind, together accounting for a further 7.5%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +2.3%), while imports for the other leaders experienced a decline.

In value terms, the largest seafood meals and pellets suppliers to Switzerland were Denmark ($X), Germany ($X) and Brazil ($X), with a combined 45% share of total imports. These countries were followed by the United States and Peru, which together accounted for a further 5.9%.

In terms of the main suppliers, the United States, with a CAGR of +0.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average seafood meals and pellets import price stood at $X per ton in 2021, picking up by 5.8% against the previous year. Over the last nine years, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2013 an increase of 25% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Peru ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :